Blog

Canadian cannabis producer is going to grow weed in Europe!

One of the largest medicinal cannabis growers is going to invest heavily in growing weed in Europe. Canopy Growth allocates 100 million euros over the next two years to production facilities in Italy, Spain or Greece!

The reason for these countries is the climate preference. The objective is to grow tons of cannabis every quarter. The facility in Denmark is almost ready. Once it is ready, weed grows an average of 200 kilos per week! The entrance in Canada did not go very smoothly. This was because the demand was greater than the supply at the time of the legalization. The European market for medicinal weed is expected to be worth billions in the coming years!